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Search Results 0 to 49 of about 51 (some duplicates have been removed)
CNBC
Jan 23, 2013 7:00pm EST
flpresident oba and paul ryan have behaved this week about the issues of our time, the debt ceiling and budget. it seems like the president is still in full campaign mode. his cohort said they're going to engage his campaign infrastructure. >> they're going to set up. >> paul ryan is back to his day job. he's the house budget chairman and he's shown a lot of leadership. i was in williamsburg last week. there was no talk about retrenching and collapsing and giving in to the demands and turning back on their promises. there was great unity and they called the president's and harry reids bluff. they agreed with speaker gingrich when he said don't move the debt ceiling. sequester is the key. >> sequester is the key. it what his boss and president obama do not want. it would trim 1.2 trillion dollars, most of which would come out of social programs. however, if you were going to annihilate the republicans, would you choose to split the gop? in other words, i'm interested in the mechanics of this annihilation scenario. let me begin with immigration. the republican party is split on immigration. i'm
FOX Business
Jan 23, 2013 7:00pm EST
the house of representatives today passed the no budget, no pay, 3 month extension of the debt ceiling, speaker boehner, winning the support of most of his majority as well as 85 democrats for the bill. the speaker embraced congressman paul ryan's new plan to balance the budget in 10 year period. in contrast, partisanship on parade. chamber trying to figure out what clinton knew and when she knew it. no answers were forth coming, and the secretary assumed either no knowledge or no blame over the course of 5 hours of testimony before the senate foreign relations committee and the house foreign affairs committee. this was her reaction to republican senator ron johnson when he questioned her on the administration's false narrative in days and weeks after terrorists killed ambassador christopher stevens and 3 other americans. >> we were mislead, there were supposedly protests and something sprang out of that, that was -- ascertained of that not the fact. and american people could have known that. >> with all due respect, we had 4 dead americans, it was because of a protestor guys out for a
Current
Jan 23, 2013 9:00pm PST
if a budget isn't approved this year. 111 democrats voted against raiding the debt ceiling calling that provision a gimmick. however, it goes well beyond the house. today senator dick durbin revealed the democrats don't have the 51 votes necessary to reinstitute the talking filibuster even through the so-called nuclear option, even though everyone seems to want it. the last hope in filibuster reform is harry reid's great compromise of needing 41 votes to maintain a filibuster but i'm confident that the democrats will find some way to back down from that, too. joining me now the only one and only michael tomasky. starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harm
MSNBC
Jan 23, 2013 7:00pm PST
. and the principle, i think, is pretty simple. no budget, no pay. >> in the spotlight tonight, debt ceiling magic. that was house speaker john boehner after the house passed a bill making the debt ceiling disappear until may 18th, without cutting any federal spending. the stupidly named and conceived "no budget, no pay act" passed with a vote. 33 republicans voted against the bill, 199 voted for it. 86 democrats voted for the bill, 111 democrats voted against it. not only will the no budget, no pay act suspend the debt ceiling for about three months, it also requires the house and senate to pass budget resolutions by april 15th, and if they don't, representatives and senators will not get paid, which is of course, wildly unconstitutional. the 27th amendment prohibits congress from modifying their own paychecks in any way. they can vote to change the pay for future congress only, but republicans passing an unconstitutional bill, while at the same time relieving the pressure on the debt ceiling was welcomed by some democrats as republicans moving from out-right crazy to half-crazy. >> i'm not sure
FOX Business
Jan 24, 2013 6:00pm EST
will not consider another debt ceiling increase unless the senate passes a budget the reader not going to keep raising the debt ceiling at indicating that there will be steep cuts said. what is the chance of that? >> well, i hope the is right, but i fear he is wrong. i think that the current mood of the country is more sympathetic to the president and the democrats' perspective, which is that we don't really have a serious spending problem. we have a minor spending problem we can do with a little bit. we can raise taxes on high-income households a little bit more and we don't have to make fundamental cuts in entitlements. i think that's wrong. i think we have to make substantial cuts in entitlements. we should make substantial cuts in many other components of expenditure as well, defense and nondefense in that trying to address our long term fiscal situation with higher taxes is is going to destroy the economy. gerri: democrats are beating the drum on this already. anyone you listen to from that side of the house is really talking about higher taxes. republicans and conservatives in general li
CSPAN
Jan 24, 2013 12:00pm EST
that connecting debt ceiling votes and budget negotiations -- connecting debt ceiling votes and budget negotiations was something he said that -- quote -- "we had never done in our history until we did it last year." well, that statement is false. frankly, we shouldn't be talking about responsible spending reform every time we debate any measure in congress that involves spending money. we should seniorly do it when we're debating borrowing more money. the debt limit has been used at least 20 times in the past 60 years specifically tied to debating fiscal reform. for example, in 1954, congress passed a temporary increase specifically as a way to control future finances. in 1967, the house actually defeated a debt limit increase so that it could force president johnson to quit using some of the budget tricks that he had been using. in 1970, the debate over the debt limit included amendments to cut defense spend, impose a spending cap, and freeze congressional pay until congress passed a balanced budget. in 1983, congress actually defeated a debt limit increase bill. senator russell long
PBS
Jan 23, 2013 4:30pm PST
now say they'll pass it too. darren gersh reports. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmicknd saia 90 day reprieve from default simply moves the crisis back. >> for the last two years, we've heard from our republican colleagues economic uncertainty is bad for the economy. guess what? it is. and yet that's exactly what you are doing. another big dose of economic uncertainty. >> reporter: republicans shifted gears on the debt ceiling after a strategy session last week. worried that they have lost the public debate, republicans were clearly trying out a new message tod. >> balancing the budget over the next ten years means we save the future for our kids and our g
PBS
Jan 23, 2013 6:30pm PST
the debt ceiling extension and they also promised to pass a budget which is sure to be very different than the one house republicans produce this spring. darren gersh, "n.b.r.," washington. >> tom: in the engine that is the global economy, europe continues to be the break. while the u.s. emerging markets and even japan are expected to see slow but study growth this year, the eurozone will shrink for the second year in a row. in an updated prediction, the i.m.f. forecast the global economy to growth 3.5%. that's down slightly from its earlier prediction back in october, thanks in part to the recession continuing in europe. oliveer blargchard joins us. are the policies addressing the recession not working or does it just need for time. >> they are working. the adjustment is very tough. i just heard the numbers you gave. the negative numbers -- these countries have very tough adjustments to make. we know they have to become more competitive. they have a large fiscal deficit they have to eliminate. this is tough, and so these countries have neglecnegativegoals this year. the core countries hav
MSNBC
Jan 24, 2013 9:00am EST
. the house passed a bill to suspend the debt ceiling for four months until may 19th, avoiding a showdown over the federal borrowing limit. backing off a demand for dollar-for-dollar spending cuts. house republicans, instead, added a no-budget, no-pay provision to the bill, which would withhold lawmakers' paychecks if they failed to pass a budget and attempt to embarrass the senate and refocus the fight there instead of on the president. >> breaching the debt limit, which some of our members have been pretty anxious to do. that's playing with fire. and no one really knows what will happen, but i'm not quite sure i want to look over the evening of the cliff. >> boehner also promised the new house republican budget will balance in ten years. the guy leading that charge, paul ryan, broke his silence yesterday about the 2012 election. >> the only regret i have is we lost. i think it's closer than you think. the big debate that reinvolvolv, you know, they really did a phenomenal job on technology and turnout. and they should get credit for that. i don't see this as a rejection of our principles. i
Current
Jan 24, 2013 3:00am PST
president obama before they raise the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the nation's gun control debate, this could be the most polarizing issue. >> anybody can claim stand your ground and they could get away with murder. >> announcer: broadcasting across the nation on your radio and current tv, this is the "bill press show." >> bill: yes indeed. equality moves to the front lines as the pentagon today lifts the ban on women in combat. big move. a great move. hello, everybody. happy, happy thursday and welcome, welcome to the "full court press." coming to you live all the way across this great land of ours. god bless america. we're booming out to
MSNBC
Jan 24, 2013 6:00am PST
about this, so that we move forward in the new debt ceiling discussion, come may, and put in place real solutions. >> well, in a perfect world, the way congress works, then is, you guys have your budget, the senate has yours. there's a conference committee, and you hash it out, and you end up somewhere, maybe it's 60/40, the senate's way, maybe it's 60/40 your way, maybe it's 50/50. are you okay with that? there's been this assumption that house republicans will not support something that isn't, say, 75 or 80% of what they want. >> well, what we'll support real solutions, that solve the fiscal challenges that we've got. look, we still have 7.8% unemployment. we've had four straight years of trillion-dollar-plus deficits, annually. we've added over $5 trillion to the national debt in the past four years. we can't continue down this road and expect a vibrant economy and jobs being created, which is the real issue. we've got to get america back to work. and the way that you do that is with real solutions that address the spending challenges that we have, in an honest and sincere way. >> le
Current
Jan 23, 2013 4:00pm PST
and then the budget is on april 15th. there will be two more fights before we get back from the debt ceiling. why did they do this? i'll bring in a couple of guests to sort that out. first of all grace she wrote a very good piece about that today. and our own political correspondent michael shure and he joins us here. grace, i have a theory, and i'm going to read a quote from chris chocola. he said, the club for growth will not oppose tomorrow's vote on the debt ceiling. the club for growth will, on the other hand, strongly oppose any efforts during the upcoming debate over the continuing resolution and sequester that fail to arrest out-of-control spending and put sensible limits on the growth of government. let me put me read on that, it's too hard. first of all am i reading that right. >> i think you are reading that right. the republicans realize that they're at a disadvantage. their message has not been working, and they're more likely to get the spending cuts that they want in a budget fight than a long-protracted fight over the debt ceiling. >> cenk: i'm going to be controversial. i don't think
Current
Jan 23, 2013 8:00pm PST
that they want in a budget fight than a long-protracted fight over the debt ceiling. >> cenk: i'm going to be controversial. i don't think so, and i'll tell you why and michael and grace you can speak to this. i think what it is that their bosses in corporate america said no debt cereal ceiling is sacrosanct. you mess with payments to soldiers any time you like but you're not going to mess with our bonds, what do you think about that, grace. >> that's a little conspiracial for my test, but they said, we can't default. don't hold the economy hostage any more. cut spending where you want to cut spending but don't use the debt limit to do it. they realize there is no political appetite in the business world in the regular world, and in the political world to hold the economy hostage in the way that they did in 2011. >> michael, tell me how in the world they gain leverage by having the fight over the budget or the sequester instead? i don't see it. >> there is something that nobody is talking about here, which is the political leverage that boehner wants right now. i think boehner needs to
CNN
Jan 23, 2013 4:09pm PST
. >>> the house has passed a bill that would prevent the united states from hitting the debt ceiling. at least right away. it's dubbed the no budget no pay act. it was proposed by republicans and it lets the treasury department borrow money until mid may as long as congress passes a budget. the measure states their pay will be with held. constitution doesn't allow the no pay thing to really happen, any way, that's why the act passed. 33 republicans, 11 democrats voted against it. one who did, congresswoman debbie wasserman schultz and she tells us it wasn't a clean increase. she's right about that. >>> in the last 48 hours or so, u.s. cargo planes, transporting about 80 troops and 24 tons of supplies. a spokesman for the u.s. africa command tells us the air lifts began monday are going to go on for several more days. our country's -- and whether we should have a role is becoming more of a concern. i couldn't help but notice this on yahoo! today, asking you, should the united states intervene in mali? a majority of people say no. >>> the faa still hasn't determined what's causing electrical pro
FOX Business
Jan 23, 2013 9:00pm EST
will not pass. we can get through this preliminary skirmish by putting off the debt ceiling for four months or three months, but in the and we're still going to have a budget fight about what is actually in the budget. that is still to come. gerri: to you. >> the good news is we have two other opportunities in which we can address the spending problem. the debt problem of the half. on march 1st the sequester cuts, the automatic spending cuts come into affect. people hold the line, those will be -- [talking over each other] >> a little bit. less than half. that can be adjusted later with an emergency supplemental if there are serious problems. secondly, march 27 the government runs out of money because we have not had the budget the last three or four years. really been operating by continuing resolutions that continue spending at the same level. their i think republicans are on strong ground saying we need to have spending cuts your. not just the rich but social security payers. so i think this is only the third option that we are going to have the debt ceiling. gerri: you're telling me my
CNBC
Jan 24, 2013 4:00pm EST
will extend the debt ceiling for three months to allow time for the united states senate to write a budget so we can then begin the discussions on how we're going to repay this money that we're going to borrow as well as begin to manage down the debt long term. >> what's the realistic vision in terms of a budget? i mean, this senate will have its budget plan, the house will have its bucket? should the people believe at some point soon we should get a budget for the country. >> i hope that we can. in the house we're committed to producing a budget that will balance in ten years, and this will be a significant shift from the kind of budget that we have produced before. we're dealing with a new baseline after the cliff deal, and i think there's a growing urgency amongst the people in the country to say, you know what? it's time for washington to start living within its means and high time for the federal government to get control of the unfund liabilities in the entitlement programs the way so many private sector industries have done. >> let me say on this ten-year idea for a moment. you've got
FOX Business
Jan 24, 2013 1:00pm EST
. debt ceiling deadline extended. now the question remains can congress get a balanced budget passed? ed lazear, hoover institute fellow and former chief economic advisor to president george w. bush has some ideas on what washington needs to do before the new debt deadline is upon us. ed, thank you for joining us. so what -- >> pleasure, thank you. ashley: what should congress do before that debt ceiling again comes upon us and what's the likelihood they will do it? >> well i'm not so sure they should be focusing on the short run at all. they should think in terms of what are things they need to do to grow the economy. if you look at the history of economic growth since the economy got out of the recession, formally got out of the recession back in june of 2009, we've had growth of about 2%. the long-term growth rate in this country is about 3%. so, a recovery usually means that you're growing at rates that are better than the average, in order to catch up. we're not even growing at rates near the average. ashley: right. >> what congress and the president need to do is focus primarily on
MSNBC
Jan 23, 2013 5:00pm PST
down the road. they're still playing games with the debt ceiling. that's the bottom line there. in the meantime, representative paul ryan is back in the picture. he is stepping back into the political spotlight. he is now in charge of creating a budget that will eliminate the federal deficit within ten years? paul ryan was the guy who lost the last election because most americans didn't like his budget ideas in the first place. but now ryan claims voters actually didn't reject republican principles. ryan told "the wall street journal" we have to do a better job of explaining why we think our ideas are better for everybody and why they're better for fighting poverty. paul ryan wants us to believe that he can fight poverty, pay off the debt and balance the budget in a new number, now ten years. do you believe that? i got some swampland for you down in florida if you do. let's do some quick math here. analysts say ryan will have to cut about $800 billion in federal spending, including defense. that's 22% of the federal budget. so ryan would have to cut spending by one-fifth in ten
MSNBC
Jan 23, 2013 8:00pm PST
the congressional budget office has said that will hurt our economy. so on top of keeping this debt ceiling cloud over the economy, they're talking about these across-the-board meat ax cuts that will also hurt the economy, when we should be focused on jobs and economic growth. >> congressman chris van hollen, good to have you with us tonight on "the ed show." >> good to be with you. thank you. >> there is a lot more coming up in the next half hour of "the ed show." stay with us. ted nugent goes off the deep end. >> the barack obama gang attempting to reimplement the tyranny of king george. >> we'll show you what he and his buddies will be up against. >>> we all pay a transaction tax every day, but not the fat cats on wall street. david cay johnston tells us how it could make a dig difference. >>> and next, vermont senator bernie sanders will tell us if the senate filibuster rules are about to change. [ male announcer ] we all make bad decisions. like gas station sushi. or super cheap car insurance. and then there are good decisions. like esurance. their coverage counselor helps you choose the rig
FOX News
Jan 24, 2013 2:00am PST
the debt ceiling until may. law americas won't get paid if they fail to pass a budget. >> american families have to do a budget. they understand you can't continue to spend money you don't have. we are committed to doing a budget on the house side that will balance over the neck ten years as time for the senate and president to show the american people how they are willing to balance a budget ore the next ten years. >> the democratic controlled senate is expect to do approve the debt bill. it has not pass add budget in four years. >> phil mickelson wasn't talking about his guolf game. he was teeing off over another apology about his tax comments. >> i have made some dumb, dumb mistakes and obviously talking about this stuff is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum that i have as a professional golfer to try to ignite change. >> mickelson hinted earlier this week he may leave california or the united states because of how much he's paying in taxes. california has a new tax rate of 13.3 percent. that is your 5@5:00. >> tiger woods mo
CNN
Jan 23, 2013 11:00pm EST
that would prevent the united states from hitting the debt ceiling. at least right away. it's dubbed the no budget no pay act. it was proposed by republicans and it lets the treasury department borrow money until mid-may, as long as congress passes a budget by april 15th. if lawmakers don't come up with a blueprint for the budget, the measure states their pay will be withheld. constitution doesn't allow the no pay thing to really happen, so that is a pr stunt. any way, that's why the act passed. 33 republicans, 111 democrats voted against it. one dem who did, congresswoman debbie wasserman schultz and she tells us the bill wasn't a clean debt ceiling increase and only prolongs economic uncertainty. it only extents it for a few months so she's right about that. >>> in the last 48 hours or so, u.s. cargo planes made at least five trips into mali transporting about 80 french troops and more than 124 tons of supplies. a spokesman for the u.s./africa command tells us the airlifts began monday, are going to go on for several more days. i couldn't help but notice this on the front page of y
Current
Jan 23, 2013 7:00pm PST
interesting note on the republicans. on the other hand they caved on the debt ceiling. so why did they cave on the debt ceiling. we have an expert on that. i think that's really interesting, and what do they plan to do on the budget fights instead. and then there is an unbelievable documentary on how wall street got away with clear criminal action. it's a devastating story. i can't wait to share it. >> jennifer: all right. cenk uygur "young turks" at the top of the hour. thanks, cenk. >> thank you. >> jennifer: now we're going to turn to a story about equality. located in the nation's capitol, washington national cathedral is the sixth largest cathedral in the world, and the second largest in the united states. it was built in 1792. it is magnificent. it has hosted many important events. it is also a place where local d.c. resident goes to pray and baptize their children and get married. and now for the first time in the institution's more than 200-year history, gay couples can officially get married at the cathedral too. here to tell us about this exciting development is
MSNBC
Jan 24, 2013 8:00am PST
last week that was a clean no budget no pay piece. i think we should have a clean debt ceiling extension and the fact they coupled it together probably is not how i would have introduced legislation. that said, our job is putting together a responsible budget. that allows the public to see what our priorities are, how we're going to use our tax revenue. and we can do this in a smart way. >> one thing that is going on currently as we speak, the confirmation hearings for john kerry to take over for secretary clinton, and yesterday, it was certainly a big day on the hill for secretary clinton about the benghazi situation. i want to play for everybody what you had to say as well as senator barbara boxer told the secretary of state. >> as a new member of congress, i think i speak for all the freshman that we're not going to get much time to serve with you, but we hope in a few years we'll get that chance to serve again. >> i want to thank you because this is maybe the last time you'll come before us as secretary here. i want to thank you for your advocacy on behalf of women around t
NBC
Jan 23, 2013 11:00pm EST
to diffuse the looming debt ceiling crisis. the measure suspended the cap on federal borrowing and establishes a new may 19 deadline. in return for this vote, democrats a promised a budget plan with the spending cuts. both sides say they're hoping for continued cooperation. they are expected to pass legislation to the house and president obama said he will sign it. they were encouraged -- investors were encouraged -- the dow closed at its highest level since october 2007, months before the start of the great recession. the nasdaq and the s&p 500 some modest gains. >> the security deal -- they are accused of using their detail for personal and political gain. mark walker testified that he was required to help with the county executive's reelection campaign. walker also claimed he kept watch as he engaged in sexual encounters with his mistress. he denies any wrongdoing -- testimony resumes tomorrow. >> jury selection took up again in the murder case. new questions about a person in that case -- the lead police detective. jim miller has the story. miller has the story. >> we took
CSPAN
Jan 24, 2013 1:00am EST
trillions of dlars in additional budget -- in additional debt ceiling increase and wouldn't be balanced for several decades. let's stop playing games with the form and let's sit down and work on the things we agree upon. i think the american public would support us if we took out tens of billions of dollars of unnecessary spending for redundant nuclear weapons, to reform the scandal that is the crop insurance program that in cents people to plant land that they should not plant and drives up loes. les accelerate health care reform, like we're doing in oregon, that would save over $1 trillion if it were applied nationally. let's get down and do it. act, don't debate. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: thank you, mr. speaker. i yield one minute to a distinguished member of the ways and means committee, the gentleman from nebraska, mr. smith. the speaker pro tempore: the gentleman is recognized for one minute. mr. smith: mr. speaker, i rise today in support of h.r. 325. the bill is an important step toward getting our fiscal ho
CSPAN
Jan 24, 2013 9:00am EST
a budget. the house has acted. the president says he wants the debt ceiling increase. hopefully the majority has decided to pass a budget. the new budget chairman, senator murray, said yesterday that her committee will draft a budget. now let's let the senate produce a budget. let's have a budget drawn up. let's have a budget debated. let's figure out what our plans are. budgets lay out plans and we'll see if a budget that a majority in the senate would vote for will pass the straight-face test with the american people. we'll see if this is just another budget that says, okay, here's the amount of money we'd like to spend. it has no relationship to the amount of money we have. let's let that be our budget. the people -- people will no longer tolerate, i'm convinced, the amount of debt and taxes that the spending plan would require. but for them to really think about that, they have to have a spending plan, and i am grateful that the house passed legislation that says we have to have that -- that plan. when the majority in the senate, democrats in the senate have a budget, we'll
CNBC
Jan 24, 2013 9:00am EST
on senate democrats to make a move on the debt ceiling. joining us this morning, senator bob casey, a democrat of pennsylvania, vice chairman of the joint economic committee. senator, good morning to you. >> good morning. good to be with you. >> so the house says no budget, no one gets paid. you have introduced legislation if there's a shutdown, no one gets paid. why don't we stop paying everybody and just call it a day? >> well, look, i think it's important that we have measures introduced to hold folks accountable for what i think would be irresponsible behavior to allow default. but i think we are moving the right direction now. there is action by the house, there's a positive step. we have to build on t but i think it will pass. and it give, i think, some certainty on this specific question of the debt ceiling and the question of default, because we know from 2011, the adverse impact 2,000 points in the -- that the dow lost. we know the consumer confidence took a six-month hit because of the debt ceiling fight. so, to take that off the table as a big washington fight helps a lo
CNN
Jan 24, 2013 11:00am PST
people. >>> we going to have a last minute jam of a deal on the debt ceiling that is going to happen in may on a continuing resolution and a budget? >> i hope we can work things out and come to an agreement that you will have to do something about the problem. it is about spending. we have to get control of the spending. >> you understand you are never going to get democrats to agree? you will find another way around coming to the solution. >> for we don't get control of the spending, then you are going to end up like europe. >> don't we go back to bowles simpson? nobody likes it. >> thedidn't solve the spending problem. back to that, the main driver are the health care entitlements. they left that out. >> can you lead and say let's do a bowles simpson? >> we are working to fix the coalition and others. let's come together. we have proponents and we are looking for those who say fine, let's do something. >> you are prepared to go in with documents. we won't do this. this is what it looks like. let's talk. >> i think we have done that since barack obama was elected. >> some may disagr
CBS
Jan 23, 2013 6:00pm PST
's worth of gains for apple. >>> today the house voted to suspend the debt ceiling passing a bill that business the country another four months before it risks default but there's a catch. the bill is called no budget no pay. both chambers of congress have to pass a budget resolution or they don't get paid. house democrats against the bill call it a political gimmick. those in favor say it takes the threat of default off the table. >>> we are hearing from manti te'o for the first time since the whole fake girlfriend thing got exposed. the notre dame linebacker spoke to katie couric for her nationally syndicated daytime talk show katie. she asked him why he lied about his internet girlfriend after he found out that she never existed. >> this girl who i committed myself to died on september 12th. now i get a phone call on december 6th saying that she's alive and then i want to be put on national tv two days later and they ask me about the same question. you know, what would you do? >> the katie exclusive will air tomorrow. >>> san francisco co
PBS
Jan 23, 2013 5:30pm PST
he'd refuse to negotiate around the debt ceiling. his strategy is vindicated now that the republicans have backed off their threats to take the nation into a default. the president stared down the republicans. they blinked. >> ifill: congress still faces other fiscal fights. automatic spending cuts are due to kick in on march first, and funding for the government runs out march 27. so, can the republican party use fiscal issues to regain its footing? for more on the political fights ahead we turn to susan page, washington bureau chief for "u.s.a. today." and stuart rothenberg of the "rothenberg political report" and "roll call." chuck schumer just said the republicans brinked. did they blink, susan, and does it matter they did? >> hin a big recalbraigz on their part. they find themselves on the defensive when it comes to the debt ceiling issue. remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march
Current
Jan 24, 2013 6:00am PST
they knew they were in trouble on the debt ceiling, and then put the pressure on somebody else, namely the senate. but they are going to put forth a budget pretty soon that is really going to be an important % contrast for the american people to see. they are going to try to balance the budget in ten years, which you cannot do without slashing medicare and medicaid, and social security. so the american people will get, i think, a very good look at the way republicans want to balance the budget and do deficit reduction and the way democrats do. we actually went through this with paul ryan's budget which was so egregious the leader of his party had to back away from it in the campaign. >> stephanie: yeah, it was seen as sort of a slap at the senate but they are calling it the no budget, no pay idea. it has been regarded by a lot of people as a gimmick. here they go. it's a new way to play some sort of partisan games right? >> exactly. and it doesn't guarantee that there will be a compromised budget agreement between the house and senate. they can pass one, just as the
FOX News
Jan 24, 2013 3:00am PST
passed yesterday? that is get a budget in three months or don't get paid? and we'll up the debt ceiling? >> i will. i also think that it's important that we get this issue behind us. we get the sequestration stopped. we get this whole fiscal cliff, cr addressed, the continuing resolution keeping the government in business because it just sends a wrong message to businessmen and women, small and large in our country. we need to have a path to a balanced budget and we need to cut spending and we need to reform entitlements. that's what we need to do. >> alisyn: senator, let's talk about what happened on capitol hill yesterday with secretary clinton, came in front of you to talk about benghazi. what did you learn yesterday? >> not much. not much. she was feisty, according to the main stream media. she obviously has an adoring media. she really didn't answer any questions. her response to senator johnson about whether there was a spontaneous demonstration or not, saying it didn't matter. it didn't matter how these people died? that was stunning. that was really stunning. of course it matter
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